Short Interest in Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) Declines By 74.6%

Invesco BulletShares 2033 Municipal Bond ETF (NASDAQ:BSSX) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 10,269 shares, a drop of 74.6% from the July 15th total of 40,361 shares. Based on an average daily volume of 22,938 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in BSSX. LPL Financial LLC boosted its position in shares of Invesco BulletShares 2033 Municipal Bond ETF by 3.9% during the 4th quarter. LPL Financial LLC now owns 286,962 shares of the company’s stock valued at $7,419,000 after purchasing an additional 10,803 shares in the last quarter. Bank of America Corp DE increased its holdings in Invesco BulletShares 2033 Municipal Bond ETF by 47.4% in the first quarter. Bank of America Corp DE now owns 167,106 shares of the company’s stock worth $4,248,000 after purchasing an additional 53,708 shares in the last quarter. Atlantic Union Bankshares Corp lifted its stake in Invesco BulletShares 2033 Municipal Bond ETF by 5.5% in the fourth quarter. Atlantic Union Bankshares Corp now owns 167,067 shares of the company’s stock valued at $4,320,000 after buying an additional 8,726 shares during the period. Kestra Advisory Services LLC lifted its stake in Invesco BulletShares 2033 Municipal Bond ETF by 5.0% in the first quarter. Kestra Advisory Services LLC now owns 155,917 shares of the company’s stock valued at $3,963,000 after buying an additional 7,441 shares during the period. Finally, Raymond James Financial Inc. boosted its holdings in shares of Invesco BulletShares 2033 Municipal Bond ETF by 8.7% during the 3rd quarter. Raymond James Financial Inc. now owns 154,593 shares of the company’s stock worth $3,949,000 after buying an additional 12,375 shares in the last quarter.

Invesco BulletShares 2033 Municipal Bond ETF Stock Up 0.2%

Shares of NASDAQ BSSX traded up $0.05 during midday trading on Thursday, reaching $25.57. The stock had a trading volume of 9,426 shares, compared to its average volume of 23,595. The company’s 50 day moving average price is $25.62 and its 200 day moving average price is $25.72. Invesco BulletShares 2033 Municipal Bond ETF has a twelve month low of $24.81 and a twelve month high of $26.61.

Invesco BulletShares 2033 Municipal Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were given a dividend of $0.0735 per share. This is an increase from Invesco BulletShares 2033 Municipal Bond ETF’s previous dividend of $0.07. The ex-dividend date of this dividend was Monday, July 20th.

Invesco BulletShares 2033 Municipal Bond ETF Company Profile

The Invesco BulletShares 2033 Municipal Bond ETF (BSSX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature by the end of 2033. BSSX was launched on Sep 20, 2023 and is issued by Invesco.